Silvercorp Metals Inc (SVM) Scheduled to Post Quarterly Earnings on Wednesday

Silvercorp Metals Inc (TSE:SVM) will be issuing its quarterly earnings data after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of C$0.07 per share for the quarter.

Silvercorp Metals Inc (TSE:SVM) traded up C$0.04 during mid-day trading on Monday, reaching C$3.24. 45,270 shares of the company traded hands, compared to its average volume of 278,008. Silvercorp Metals Inc has a 52 week low of C$2.82 and a 52 week high of C$5.90.

Separately, Roth Capital reaffirmed a “buy” rating on shares of Silvercorp Metals in a research note on Monday, August 28th.

TRADEMARK VIOLATION WARNING: This news story was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://ledgergazette.com/2017/11/06/silvercorp-metals-inc-svm-scheduled-to-post-quarterly-earnings-on-wednesday.html.

In other news, Director Rui Feng sold 33,000 shares of the firm’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of C$3.87, for a total value of C$127,710.00. Also, Director Yikang Liu sold 15,000 shares of the firm’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of C$3.50, for a total transaction of C$52,500.00. Insiders have sold a total of 115,000 shares of company stock worth $435,100 in the last three months.

About Silvercorp Metals

Silvercorp Metals Inc (Silvercorp) is a silver-producing Canadian mining company. The Company is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. The Company’s segments include Mining, including projects, such as Henan Luoning, Hunan, Guangdong and Other, and Administrative, which includes Beijing and Vancouver.

Receive News & Ratings for Silvercorp Metals Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silvercorp Metals Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply